Mozambique - Country Summary
General Information
Official Name: Republic of Mozambique
Area (km2): 799,380
Population (mln): 23.7 (forecast 2013)
Capital: Maputo
Official Language: Portuguese
Head of State: Filipe Nyusi
Prime Minister: Carlos Agostinho do Rosário
Currency: Metical (MZN)
Exchange Rate: USD1 = 35.5 MZN (May, 2015)
Local Time: GMT+2
Main Economic Indicators
a
a
2012
14.4
1,043
7.2
3.9
21.0
7.9
25.4
-23.0
2.1
9
GDP current prices
GDP per capita
Real GDP growth
Export of goods
(Year-on-year change)
Import of goods
(Year-on-year change)
Current account balance
Inflation rate (average)
10 USD
USD
Var. %
9
10 USD
%
9
10 USD
%
% GDP
%
a
2013
15.3
1,107
7.1
4.1
16.1
8.5
13.8
-39.5
4.2
b
2014
16.6
1,175
7.5
4.1
6.4
8.5
9.0
-6.4
1.1
c
2015
18.5
1,249
7.2
4.5
14.1
7.7
11.5
-7.0
5.2
2016
20.3
1,336
7.7
5.2
13.3
9.3
13.4
-8.2
4.3
Source: Economist Intelligence Unit (EIU); International Monetary Fund (IMF); Bank of Mozambique
Note: (a) Actual; (b) Estimate; (c) Forecast
Exports
Rank and Quota in World Trade - 2013
114
th
0.02%
Imports
107
th
0.05%
Source: WTO - World Trade Organization
Key Buying Markets - 2013
Key Selling Markets - 2013
Rank
1
2
3
4
5
Netherlands
South Africa
India
USA
China
Quota %
28.6
22.4
16.9
3.6
2.6
Major Exports - 2013
Rank
1
2
3
4
5
South Africa
USA
China
Singapore
Bahrain
Quota %
32.7
8.5
6.4
6.2
5.6
Major Imports - 2013
Mineral fuels and oils, etc.
Aluminium and articles thereof
Tobacco and manufactured tobacco substitutes
Ships, boats and floating structures
Sugars and sugar confectionery
% Total
33.5
26.5
6.4
5.6
4.7
% Total
29.4
10.6
8.9
8.3
5.3
Mineral fuels and oils, etc.
Optical, measuring and precision instruments, etc.
Machinery and mechanical equipment
Vehicles other than railway
Machinery and electrical equipment
Source: International Trade Centre (ITC)
9
Inflows
10 USD
5.9
Value and Rank in Global FDI - 2013
Outflows
Rank
a
39
USD
-300.000
Rank
a
167
Source: UNCTAD - World Investment Report 2014
Business Environment
Competitiveness (Global Competitiveness Index 2014-15)
Transparency (Corruption Perceptions Index 2014)
rd
133
th
119
Business-friendly (Doing Business Report 2015)
Starting a Business (Doing Business Report 2015)
th
127
th
107
Credit Ratings by Agency
S&P
Rating
B
Moody’s
Outlook
Stable
Rating
B1
Fitch
Outlook
Stable
Rating
B+
Outlook
Stable
Updated in May 2015
Forum for Economic and Trade Cooperation between China and Portuguese-speaking Countries (Macao)